A strange start to the weeks trading, having someone pushing the price down with a sell order of ~160,000 shares @$1.20. I assumed the seller would pull it before open, but no it remains and has become an effective cap to the price.
This has occurred just as Morgans put out a positive comment for the company:
"Add
Strong result expected. Management in November guided to 1H24 EBITDA growth of 43-67% to between $6-7m (MorgansF $6.5m) and NPAT to be up 44-67% to between $2.6-3m (MorgansF $2.7m). This includes one-off costs related to the Sharrow project. Given the strong momentum in the business, we think guidance could be conservative."
Any thoughts anyone?
Vee Charting, page-22
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Last
$1.48 |
Change
0.030(2.07%) |
Mkt cap ! $200.9M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.48 | $1.40 | $69.26K | 48.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72429 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| VEE (ASX) Chart |